DTN Retail Fertilizer Trends

OMAHA (DTN) -- For the second straight week, three fertilizers continue to lead prices upward, according to prices tracked by DTN for the third week of February 2025.

Seven fertilizers logged higher prices, and one was lower than the prior month. DTN designates a significant move as anything 5% or more.

Urea was 10% higher compared to last month with an average price of $543/ton. UAN32 was 8% more expensive with an average price of $394/ton. UAN28 was 7% higher and had an average price of $348/ton.

Four other fertilizers were slightly more expensive looking back a month. DAP had an average price of $762/ton, potash $444/ton, 10-34-0 $638/ton and anhydrous $747/ton.

One fertilizer was slightly less expensive than a month ago. MAP had an average price of $809/ton.

On a price per pound of nitrogen basis, the average urea price was $0.59/lb.N, anhydrous $0.46/lb.N, UAN28 $0.62/lb.N and UAN32 $0.62/lb.N.

Fertilizer manufacturer Nutrien could benefit from higher potash prices, according to Dow Jones.

In a Raymond James report, Steve Hansen said he sees tangible signs of life in the global potash markets. This would include solid demand and rising prices across most global regions.

Hansen said Nutrien management also sees pricing momentum continuing in 2025. This is because of strong grower affordability as crop prices rise, strong demand from Brazil and Southeast Asia, and balanced inventory across key markets such as China, India and Southeast Asia.

Five fertilizers are now higher in price compared to one year earlier. UAN32 is 1% higher, both DAP and urea are 2% more expensive, UAN28 is 3% higher and 10-34-0 is 4% more expensive looking back to last year.

The remaining three fertilizers are lower. MAP is 1% less expensive, anhydrous is 2% lower and potash is 12% less expensive compared to last year.

DTN gathers fertilizer price bids from agriculture retailers each week to compile the DTN Fertilizer Index. DTN first began reporting data in November 2008.

In addition to national averages, MyDTN subscribers can access the full DTN Fertilizer Index, which includes state averages, here: https://www.mydtn.com/….

A new fertilizer production facility was given the government green light in Iraq, according to fertilizerdaily.com. You can read about it here: https://www.dtnpf.com/…

Dry
Date Range	DAP	MAP	POTASH	UREA
Feb 19-23 2024	749	812	506	534
Mar 18-22 2024	778	823	506	574
Apr 15-19 2024	780	830	513	585
May 13-17 2024	789	829	511	556
Jun 10-14 2024	779	827	507	525
Jul 8-12 2024	758	822	504	507
Aug 5-9 2024	744	818	503	504
Sep 2-6 2024	739	813	486	490
Sep 30-Oct 4 2024	736	805	449	485
Oct 28-Nov 1 2024	739	810	446	497
Nov 25-29 2024	740	811	443	498
Dec 23-27 2024	739	810	444	489
Jan 20-24 2025	739	809	443	492
Feb 17-21 2025	762	809	444	543
Liquid
Date Range	10-34-0	ANHYD	UAN28	UAN32
Feb 19-23 2024	615	764	339	393
Mar 18-22 2024	628	793	358	402
Apr 15-19 2024	641	794	364	418
May 13-17 2024	642	792	364	418
Jun 10-14 2024	642	737	352	400
Jul 8-12 2024	642	696	339	378
Aug 5-9 2024	640	675	338	376
Sep 2-6 2024	638	676	327	364
Sep 30-Oct 4 2024	590	687	317	350
Oct 28-Nov 1 2024	604	706	317	363
Nov 25-29 2024	611	718	323	364
Dec 23-27 2024	614	729	326	365
Jan 20-24 2025	616	737	326	367
Feb 17-21 2025	638	747	348	394

Russ Quinn can be reached at Russ.Quinn@dtn.com

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